BP Walked From Devon's Eagle Ford Data Room
Crude Oil & Non-OPEC SupplyBP entered, then reportedly walked from, the data room for Devon Energy's Eagle Ford assets — valued at $3.5-4.5 billion by Reuters sourcing and TPH Research — with no deal reached. The episode marks CEO Meg O'Neill's return to US shale M&A, while merged Devon sheds non-core Eagle Ford and Powder River acreage.